Saturday, June 05, 2010

May 2010 MLS Statistics

As the national statistics are released, it appears there is a slowdown in sales in the major markets (Toronto and Vancouver). This is obviously due to some high prices that apparently people are not prepared to pay any more. I don't think this applies locally. The stats say that we're marginally behind May in 2009, but, I remember that after our mini-recession, May was an excellent month last year. I think we're still boom mode here.
Here is the article in Saturday's Waterloo Region Record with some more detail.

Here are the statistics for May 2010:



K-W This MonthK-W Last YearCambridge This MonthCambridge Last Year
Avg. Sale Price$ 294,307$ 269,710$285,059$265,455
Percentage Change+9.1%+7.3%
Properties Sold653703277290
New Listings/Sales Ratio58.5%66.5%54.1%59.3%
Properties For Sale Now131215499311117

1 comment:

Patrick said...
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